No better chart … no more obvious breakout, page-324

I believe the interview was conducted last week.
I don't think Hedley was critical of OBM.
He believes the OBM story has improved dramatically.
There are however ramp up risks associated with both SPR and OBM.
OBM are mining narrow high-grade shoots which may or may not reconcile with reserve grade.
The question is will LC be able to fill the mill with primarily UG ore.
Recent exploration results are showing filling the mill with HG ore is becoming more likely.
Hopefully LC succeeds as OBM will be a wonderful rag to riches story if he can.

SPR could also struggle to fill their mill unless they can add more cheap, shallow, base load ounces to their mineral inventory.

IMO What are each companies' main advantages/disadvantages.

OBM
* A more historically proven prospective tenement package.
* LC is very well-regarded project manager.
* Underground mines have much greater strike length.

SPR
* Wider mining widths = less dilution.
* Plant 600m to main deposits.
* No operation risk as plant in C&M.
* Strong geology team with a history of proven discoveries.
* Larger scale plant can be a positive or a negative.

I sincerely hope both companies knock it out of the park.

GLTAH